2Jansing and Co.
congressional leaders at the white house last week that had everybody walk out of it and use the word constructive and talk about how nice the meeting was, when they've gotten down to brass tacks and what would have to be done and where the tax rates would need to be raised and where the cuts to medicare and medicaid would need to be, both sides seem unwilling to believe that the other side is really serious about making the changes that then. >> ben bernanke weighed in on this yesterday. let me play that for you. >> indeed, by the reckoning of the congressional budget office, the cbo, and that of many outside observers, a fiscal shock of that size would send the economy toppling back into recession. >> everyone i've had on this program, all the members of congress, have said to me, joanne, we have to get this done, of course it's going to get done. but we should remember it was a year ago today the grand bargain failed. so what's it going to take? >> you know, i think it might take the new congress being seated. i mean, if you think about it, you still have a lame duck congress so, w
tel aviv for us and "washington post" columnist e.j. deion. mar martin, let me start with you. it sounds like, at least in the last couple of hours, they're getting closer to a deal. where do things stand? >> reporter: that's right. as you said, it is very encouraging signs. the fact that not only hillary clinton is coming and that the egyptian president said what he said and the israeli radio quoted their sources but also hearing seniors, including the arab league, suggests that leadership of various countries and organizations are coming to the region for an announcement which the vetting is that this evening hillary clinton will be meeting israeli prime minister and the betting is at that time the ceasefire announce nounsment could be made. so it's encouraging but at the same time i should point out that there are other reports that the army is gearing up even more than before on the border with gaza. that could be last-minute posturing by the israelis both israel and hamas will be until the very last minute that they are succeeding and the other side is failing. positive signs
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